|
LLH Inc.
Consolidated Statements of Income
(in thousands, except share data and per share amounts)
| |
Year Ended December 31 |
| |
2009 |
2008 |
2007 |
| Net Sales |
$ 544,568 |
$ 482,179 |
$ 405,307 |
| Cost of Sales |
349,891 |
314,501 |
270,193 |
| Gross Profit |
194,677 |
167,678 |
135,114 |
Selling, General and Administrative Expenses |
151,070 |
130,693 |
116,308 |
| Operating Income |
43,607 |
36,985 |
18,806 |
Interest Expense |
2 |
27 |
722 |
| Other (Income) Expense |
(500) |
(834) |
(413) |
| Income Before Income Taxes |
44,105 |
37,792 |
18,497 |
Provision for Income Taxes |
17,181 |
15,643 |
7,171 |
| Net Income |
$ 26,924 |
$ 22,149 |
$ 11,326 |
Net Income per Common Share-Basic |
$ 1.00 |
$ 0.83 |
$ 0.68 |
Net Income per Common Share-Diluted |
$ 0.97 |
$ 0.82 |
$ 0.48 |
| Weighted Average Common Shares Outstanding |
|
|
|
| Basic |
26,983,689 |
26,772,288 |
16,646,674 |
| Diluted |
27,684,547 |
27,090,593 |
23,634,995 |
|